CBJ reveals JD33.5B growth and monetary stability

Central Bank of Jordan CBJ
(File photo: Jordan News)
AMMAN — During a lecture at Yarmouk University on Sunday, governor of the Central Bank of Jordan (CBJ), Adel Sharkas revealed the growth of bank facilities, which increased by JD1.7 billion annually until the end of June, recording a growth rate of 5.2 percent and reaching JD33.5 billion. Deposits also experienced growth, increasing by 3.9 percent and by JD1.6 billion annually during the same period in 2023, reaching approximately JD42.5 billion, with a significant portion denominated in Jordanian dinars.اضافة اعلان

Sharkas highlighted the significance of the bank's flexible monetary policy in establishing strong foundations for the Kingdom's monetary and banking stability, the Jordan News Agency, Petra reported.

Moreover, the Governor pointed out that inflationary pressures in the Kingdom have been on a decline, with an inflation rate of 3 percent during the first half of 2023.

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